Bitcoin SV (BSV) Satoshis: Streamable Commodity Money for the Digital Age

In this video, we delve into the transformative power of micropayments enabled by Bitcoin SV (BSV). With the ability to send tiny amounts of satoshis at short intervals, the BSV Blockchain revolutionizes how value is exchanged, turning its tokens into streamable money. This technological advancement simplifies and streamlines processes that currently burden our civilization, potentially making complex contracts and administrative systems obsolete.

Key Topics Covered:

The Evolution of Money: From Lydia’s Coins to Greek Prosperity — How the invention of coins in Lydia around 640 BC revolutionized commerce and led to economic expansion in Greece.

Bitcoin SV (BSV): A Modern Commodity Money — Understanding BSV as digital commodity money, facilitating swift and efficient data transfers with immutable Blockchain technology.

The Concept of Streamable Money — How BSV tokens can function as streamable money, allowing for payments in small increments at short intervals.

Applications of Streamable Payments — Examples across various sectors such as freelance services, subscriptions, utilities, rentals, education, and professional services.

Benefits of Streamable Payments — Advantages for consumers and service providers, including fair pricing, improved cash flow, reduced defaults, and increased transparency.

Conclusion: The Fluidity of Money — How Bitcoin’s streamable money represents a fundamental shift in economic transactions, paralleling the impact of Lydian coins in the past.

TIMELINE
00:00 Introduction
02:20 Title Screen - Bitcoin SV Satoshis: Streamable Commodity Money for the Digital Age
02:29 The Evolution of Money: From Lydia's Coins to Greek Prosperity
04:32 Bitcoin SV (BSV): A Modern Commodity Money for the Digital Age
08:31 Like Water or Electronic Data, Bitcoin SV (BSV) is Streamable
• Freelance and Consulting Services
• Subscription Services
• Utility Services
• Rental Services
• Educational Services and Online Courses
• Legal, Accounting, and Other Professional Services
• Creative and Entertainment Industries
• Agricultural and Seasonal Work
• Wages and Salaries streamed to employees and their taxes, 'streamed' to the government
16:12 Advantages of 'Streamable' Payments for Consumers and Providers
23:13 Conclusion: The Fluidity of Money - From Lydian Coins to Bitcoin's Streamable Revolution

Join us as we explore how Bitcoin SV (BSV) is poised to usher in a new era of global and inclusive financial interactions, driving significant economic growth and innovation.

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Read the article: Bitcoin SV satoshis are streamable commodity money for the digital age, published by CoinGeek.com, 28 Dec 2023, titled, https://coingeek.com/bitcoin-sv-satoshis-are-streamable-commodity-money-for-the-digital-age/

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Cited:

[1] "Bitcoin SV satoshis are streamable commodity money for the digital age", CoinGeek.com,
https://coingeek.com/bitcoin-sv-satoshis-are-streamable-commodity-money-for-the-digital-age/, pubished 28 Dec 2023.

[2] “How innovations in money changed the world and how Bitcoin will do the same”, CoinGeek.com, https://coingeek.com/how-innovations-in-money-changed-the-world-and-how-bitcoin-will-do-the-same/, published 30 Nov 2021

[3] “405 Freelance Statistics for 2023: Market Size, Profile Data & Salary Rates”, Financesonline.com, https://financesonline.com/freelance-statistics/, last accessed 15 Dec 2023.

[4] “Global Freelance Market Statistics & Trends (2023)”, Freedom2work.com, https://freedom2work.com/blog/global-freelance-market-statistics-trends-2023-, last accessed 15 Dec 2023.

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The video seems to have cut segments between 19:00 to 20:00, I provide what I was saying here:

Benefits for Service Providers:

• Steady Cash Flow: Providers receive payments continuously as they deliver their service, improving cash flow and reducing the lag time between service delivery and compensation.
• Reduced Payment Defaults: The immediate nature of streamable payments lessens the risk of customer non-payment or delayed payments. Considering that this is one of the most common reasons entrepreneurs and small businesses fail, this would increase their chances of surviving their early years.
• Enhanced Customer Satisfaction: Providers can offer more flexible and user-friendly payment options, potentially increasing customer satisfaction and loyalty.
• Real-Time Revenue Monitoring: Providers can monitor their earnings in real-time, aiding in better financial planning and resource allocation.
• Lower Administrative Costs: Automating payment processes reduces the administrative burden of billing and collections.

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Тэги:

#BSV #BitcoinSV #Bitcoin #Bitcoin_Satoshi_Vision #BSVBlockchain #Commodities #Commodity_Money #Money #Cash #Economy #Payments #Streamable_Money

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